WOODMECH AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

36,58 %

Current Ratio

4,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 094 000	4 576 000	3 553 000	5 397 000
Net Income	432 000	630 000	−252 000	373 000
Total Assets	1 509 000	1 128 000	1 117 000	1 026 000
Total Equity	1 181 000	750 000	120 000	372 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 094 000	4 576 000	3 553 000	5 397 000
Expenditure	4 576 000	3 737 000	3 838 000	4 894 000
Operating Profit	518 000	838 000	−286 000	504 000
Financial Income	54 000	7 000	6 000	2 000
Financial Costs	19 000	38 000	43 000	28 000
Financial Balance	35 000	−31 000	−37 000	−26 000
Earnings Before Tax	554 000	808 000	−323 000	478 000
Tax	122 000	178 000	−71 000	105 000
Net Income	432 000	630 000	−252 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	9 000
Total Current Assets	1 509 000	1 128 000	1 113 000	1 017 000
Total Assets	1 509 000	1 128 000	1 117 000	1 026 000
Total Retained Equity	1 151 000	720 000	90 000	342 000
Total Equity	1 181 000	750 000	120 000	372 000
Total Long-Term Debt	0	0	3 000	3 000
Total Current Debt	327 000	378 000	995 000	651 000
Total Equity and Debt	1 509 000	1 128 000	1 117 000	1 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 094 000	4 576 000	3 553 000	5 397 000
Other Income	0	0	0	0
Revenue	5 094 000	4 576 000	3 553 000	5 397 000
Cost of Goods Sold	3 316 000	2 504 000	2 591 000	3 517 000
Salary Costs	810 000	793 000	763 000	789 000
Depreciation	0	4 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	4 576 000	3 737 000	3 838 000	4 894 000
Operating Profit	518 000	838 000	−286 000	504 000
Financial Income	54 000	7 000	6 000	2 000
Financial Costs	19 000	38 000	43 000	28 000
Financial Balance	35 000	−31 000	−37 000	−26 000
Dividends	0	0	0	0
Net Income	432 000	630 000	−252 000	373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	9 000
Total Tangible Assets	0	0	4 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 000	9 000
Stock	28 000	40 000	329 000	65 000
Total Investments	0	0	0	0
Cash, Bank	1 421 000	860 000	301 000	639 000
Total Current Assets	1 509 000	1 128 000	1 113 000	1 017 000
Total Assets	1 509 000	1 128 000	1 117 000	1 026 000
Total Equity	1 181 000	750 000	120 000	372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	3 000
Creditors	16 000	−2 000	22 000	148 000
Unpaid Taxes	44 000	60 000	169 000	171 000
Dividends	0	0	0	0
Other Current Debt	145 000	140 000	804 000	239 000
Total Current Debt	327 000	378 000	995 000	651 000
Total Equity and Debt	1 509 000	1 128 000	1 117 000	1 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,58 %	84 %	−210 %	100,27 %
Debt-to-Equity Ratio	0	0	0,03	0,01
Operating Profit Margin	10,17 %	18,31 %	−8,05 %	9,34 %
Current Ratio	4,61	2,98	1,12	1,56
Quick Ratio	5,05	3,34	1,67	1,74
Equity Ratio	0,78	0,66	0,11	0,36
Gross Profit Margin	34,9 %	45,28 %	27,08 %	34,83 %